Central bank zeroes in on import replacement and export promotion

KATHMANDU: Nepal Rastra Bank, the central bank of Nepal, has taken measures to avert the current liquidity crunch and reduce the trade deficit.

At a discussion organized today by NRB with economic-beat journalists, NRB Governor Maha Prasad Adhikari clarified that the bank was putting import replacement and export promotion at the center in order to fix the current problem.